press release PRESS RELEASE. Dvision Network’s second LAND sale has now been successfully conducted on the Polygon Mainnet. As a matter of fact, all 4650 LAND NFTs offered on the primary sale had been sold out at an incredibly fast pace, sealing the successful sold out both on Dvision Marketplace as well as OpenSea. The original first LAND sale had…
Month: February 2022
AssangeDAO concludes raise with $53M to help Julian fight for freedom
The Decentralized Autonomous Organization (DAO) supporting Wikileaks founder Julian Assange’s legal plight has concluded its raise, generating a whooping 17,422 Ether (ETH) worth roughly $53.7 million. As previously reported by Cointelegraph, the AssangeDAO intends to use the fund to bid on a one-of-one NFT from a drop called “Censored” by digital artist Pak in collaboration with Assange. The proceeds of…
FSInsight report says a single spark could see BTC 5X
Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022. At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively. The Digital Assets In A Post-Cycle World report explained several factors that…
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining – Mining Bitcoin News
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining Companies in Kazakhstan Expected to Pay Much More to the State Government officials…
‘Comedic rapper’ charged over Bitfinex hack laundering out on bail
New York resident Heather Morgan, 31, claims to be many things: “a serial entrepreneur, prolific writer, irreverent comedic rapper, and investor in B2B software companies with high growth potential.” But her LinkedIn bio doesn’t mention anything about her alleged capability to help launder hacked cryptocurrency. Yesterday morning, FBI agents arrested Morgan — or was it her rapper alter-ego Razzlekhan?— and…
How Bitcoin Exchange Outflows Rose In January
As we’ve discussed in previous Daily Dives, March 2020 was a significant catalyst and turning point for bitcoin. We can see that in the behavior of exchange balances which have shown consistent net outflow over the last two years. The two most recent periods of significant inflows were right before both 2021 bitcoin local price tops. These tops in April…
Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister – Regulation Bitcoin News
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India (RBI), issues its digital currency. Indian Finance Minister on Monitoring Crypto Sector and RBI’s Digital Currency Launch India’s finance…
Trucker Convoy Demonstrates Bitcoin Value Prop
The below is a direct excerpt of Marty’s Bent Issue #1158: “Mainstream Monday.” Sign up for the newsletter here. Things are escalating quickly. On Friday we highlighted the fact that many individuals turned to Tallycoin, a service that makes it very easy to spin up a crowdfund campaign that uses Bitcoin to allow those running the campaign to receive funds…
Lawmaker Takes Aim at Puerto Rico as Crypto Tax Haven
In brief A Congresswoman’s comments reveal growing hostility to Puerto Rico’s crypto millionaires. But it’s unlikely that policy change will follow anytime soon. Stories about crypto millionaires decamping to Puerto Rico have become commonplace in recent years. The island’s attraction lies in its sandy beaches, mild climate—and its reputation as a place for U.S. residents to avoid paying taxes. But…
GameStop stock up on rumors of Microsoft NFT game partnership
The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with Microsoft to work on NFT gaming. At the time of writing, GME sits at $115.60 as of market close on Feb. 8 and has also held around that level in after-hours trading according to data…